US 30-Year Mortgage Rates Surge Past 7 Percent for First Time Since 2024
A jump in US mortgage rates to a two-year high could deepen the housing market slowdown, with affordability and borrowing costs under fresh pressure from inflation and geopolitical turmoil.
Read the full story → · Latest coverage 24 Sept 2026, 4:42 pm UTC
Key moments · 5
30-year mortgage rates approach but do not surpass 7 percent
CBS Top Stories ↗US mortgage rates surge above 7 percent to two-year high
Bloomberg ↗More borrowers turn to riskier adjustable-rate mortgages
CBS Top Stories ↗30-year fixed mortgage rate hits 7.12 percent, highest since 2024
Business Line - Home ↗Rising oil prices and bond yields drive inflation fears before US elections
Financial Times ↗


